Funding the subsidiary will be the real mover here
Post# of 72440
Until then the hedger will easily control any momentum. There are plenty still accumulating as well as those on the sidelines that will willingly chase putting their bids well over ask or even plain market buys.
Some here mentioned not being able to get large lots filled, ven when over the ask. I'm sure you guys know more about how the MM's work than I do. If your order is an "all or none" order the MM's have to "match" your order to what's available on or below your bid price. If you don't use the All or None for your limit order, the MM's are free to "make the market" and do partial fills until the order is complete.
Have a great day, I'm ready to see the .20's as the anticipation of the deal triggers some FOMO!!